Zumiez (ZUMZ)

As of January 31, 2009 we employed approximately 1,650 full-time and approximately 2,000 part-time
employees, of which approximately 350 were employed at our home office and approximately 3,300 at our store locations. However, the number of part-time employees fluctuates depending on
our seasonal needs and, in fiscal 2008, varied from between approximately 1,800 and 3,400 part-time employees. None of our employees are represented by a labor union and we believe
generally that our relationship with our employees is good.

Our
principal website address is www.zumiez.com. We make available, free of charge, our proxy statement, annual report to shareholders,
annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those reports as soon as
reasonably practicable after such material is electronically filed with or furnished to the SEC at http://ir.zumiez.com. Information available on our
website is not incorporated by reference in and is not deemed a part of this Form 10-K.

Investing in our securities involves a high degree of risk. The following risk factors, issues and
uncertainties should be considered in evaluating our future prospects. In particular, keep these risk factors in mind when you read "forward-looking" statements elsewhere in this report. Forward-
looking statements relate to our expectations for future events and time periods. Generally, the words "anticipate," "believe," "expect," "intend" and similar expressions identify forward-looking
statements. Forward-looking statements involve risks and uncertainties, and future events and circumstances could differ significantly from those anticipated in the forward-looking statements. Any of
the following risks could harm our business, operating results or financial condition and could result in a complete loss of your investment. Additional risks and uncertainties that are not yet
identified or that we currently think are immaterial may also harm our business and financial condition in the future.

As of February 2, 2008 we employed approximately 1,500 full-time and approximately 1,800 part-time employees, of which
approximately 400 were employed at our home office and approximately 2,900 at our store locations. However, the number of part-time employees fluctuates depending on our seasonal needs
and, in fiscal 2007, varied from between approximately 1,500 and 2,900 part-time employees. None of our employees are represented by a labor union and we believe generally that our
relationship with our employees is good.

Our
principal website address is www.zumiez.com. We make available at this address under investor relations, free of charge, our proxy statement, annual report to shareholders, annual
report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those reports as soon as reasonably
practicable after such material is electronically filed with or furnished to the SEC at http://ir.zumiez.com. Information available on our website is not incorporated by reference in and is not deemed
a part of this Form 10-K.

As of February 3, 2007 we employed approximately
786 full-time and approximately 2,220 part-time employees, of which
approximately 303 were employed at our home office and approximately 2,703 at
our store locations. However, the number of part-time employees fluctuates
depending on our seasonal needs and, in fiscal 2006, varied from between
approximately 1,444 and 2,856 part-time employees. None of our employees are
represented by a labor union and we consider our relationship with our
employees to be good.

Our principal website address is www.zumiez.com. We
make available at this address under investor relations, free of charge,
our proxy statement, annual report to
shareholders, annual report on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K, and all amendments to those reports as
soon as reasonably practicable after such material is electronically filed with
or furnished to the SEC at http://ir.zumiez.com. Information available on our
website is not incorporated by reference in and is not deemed a part of this
Form 10-K.

(a)Part 3.20
of the Disclosure Letter contains a complete and accurate list of (i) all store
managers and (ii) all home office employees with current compensation in excess
of $30,000 with the following information for each such employee or member of
the Company, including each employee on leave of absence or layoff status:
employer; name; job title; current compensation paid or payable and any change
in compensation since January 1, 2003; vacation accrued; and service credited
for purposes of vesting and eligibility to participate under the Companys
pension, retirement, profit-sharing, thrift-savings, deferred compensation,
stock bonus, stock option, cash bonus, employee equity ownership (including
investment credit or payroll equity ownership), severance pay, insurance,
medical, welfare, or vacation plan, other Employee Pension Benefit Plan or
Employee Welfare Benefit Plan, or any other employee benefit plan or any
Director Plan.

(b)No
employee or director of the Company is a party to, or is otherwise bound by,
any agreement or arrangement, including any confidentiality, noncompetition, or
proprietary rights agreement, between such employee or director and any other
Person (Proprietary Rights Agreement) that in any way
adversely affects or will affect (i) the performance of his duties as an
employee or director of the Company, or (ii) the ability of the Company to
conduct its business, including any Proprietary Rights Agreement with Sellers
or the Company by any such employee or director. To Sellers Knowledge, no
member, or other key employee of the Company intends to terminate his
employment with the Company (other than as specifically disclosed in writing to
Buyer).

(c)Part 3.20
of the Disclosure Letter also contains a complete and accurate list of the
following information for each retired employee or director of the Company, or
their dependents, receiving benefits or scheduled to receive benefits in the
future: name, pension benefit, pension option election, retiree medical
insurance coverage, retiree life insurance coverage, and other benefits.

As of January 28,
2006, we employed approximately 554 full-time and approximately 1,719 part-time
employees, of which approximately 202 were employed at our home office and
approximately 2,071 at our store locations. However, the number of part-time
employees fluctuates depending on our seasonal needs and, in fiscal 2005,
varied from between approximately 881 and 2,509 part-time employees. None of
our employees are represented by a labor union and we consider our relationship
with our employees to be good.

Our principal website
address is www.zumiez.com
We make available at this address under investor relations, free
of charge, our annual report on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K, and all amendments to those reports as soon
as reasonably practicable after such material is electronically filed with or
furnished to the SEC. Information available on our website is not incorporated
by reference in and is not deemed a part of this Form 10-K.